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Dec 2, 2012
12/12
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FOXNEWSW
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that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort of rubbing its hands together hoping to get. they're not going to get anywhere near that because wealthy, as mary said. are very good at making sure the tax man can't get their hands on it.
that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going...
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93
Dec 12, 2012
12/12
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FBC
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eye 93
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japan's by to take over the world. that never happened. >> no, but japan was our ally. we could deal with thejapanese on a reasonable basis. the problem with china is that it sees itself as supplanting the united states. has been very hostile and aggressive in recent years. it's trying to push the u.s. out of asia. they are not our friend, and so we don't want to give them a foothold in our economy. trac that being said, how do we stop this? do we not allow these deals to happen? in the u.s. is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition. tracy: that probably should have >> they should. tracy: thank you fobeing here. the coming collapse of china. it is coming. >> it is. tracy: we want to know wha you think about all this. here is our question tonight. is the u.s. still a superpower or will china be number one soon? log onto gerriwils.com and vote on the
japan's by to take over the world. that never happened. >> no, but japan was our ally. we could deal with thejapanese on a reasonable basis. the problem with china is that it sees itself as supplanting the united states. has been very hostile and aggressive in recent years. it's trying to push the u.s. out of asia. they are not our friend, and so we don't want to give them a foothold in our economy. trac that being said, how do we stop this? do we not allow these deals to happen? in the...
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Dec 10, 2012
12/12
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CSPAN
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eye 274
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there is the catastrophe in japan and the united states immediately wants to say, what is the president doing? what is the policy? what is the action? 30 years ago, that would have been one of the questions, but it would not be a central question. it is amazing what they can do. i think obama has more power than bush had, for instance. >> and yet, i believe it is your view that we know less about the president, less about the white house than ever. why is that and why is it our fault? >> it is, in part, our fault. i think the messengers and the white house get better and better and more skillful. it is a barrier, often. knows how long i spent breaking down that logjam in the white house, saying it, i am doing this book. i have these stories. i have these memos. and they would say, ok, give us the question. it is not something where they are standing there on pennsylvania avenue saying to reporters, come on. we are dying to have you hold us accountable for what we are doing. >> if you do manage to break people down. but what if the white house said, we are going to shut a baba down. no a
there is the catastrophe in japan and the united states immediately wants to say, what is the president doing? what is the policy? what is the action? 30 years ago, that would have been one of the questions, but it would not be a central question. it is amazing what they can do. i think obama has more power than bush had, for instance. >> and yet, i believe it is your view that we know less about the president, less about the white house than ever. why is that and why is it our fault?...
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201
Dec 20, 2012
12/12
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CNBC
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and general insurener japan. sold off quite a lot of companies. have almost 14,000 people in j.our business is continuing to do well. >> still asset sales on the book you'd hike to continue the next couple of weeks. a lot of times we spoke about the leasing business and tell us more about more capital to be raised. >> just to wait for the companies. now we have to work through the do you diligence process and work and pretty confident that that teal will close in the second quarter next year. we don't think we'll have anything left to sell. we want to operate strongly and i think that will give us a lot of growth over the next several years. >> wishing you a great holiday. >> thank you. >> robert benmosche. >>> coming up, we'll take you live to washington with the latest developments on john boehner's "plan "b."" ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this cof
and general insurener japan. sold off quite a lot of companies. have almost 14,000 people in j.our business is continuing to do well. >> still asset sales on the book you'd hike to continue the next couple of weeks. a lot of times we spoke about the leasing business and tell us more about more capital to be raised. >> just to wait for the companies. now we have to work through the do you diligence process and work and pretty confident that that teal will close in the second quarter...
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Dec 16, 2012
12/12
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KGO
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. >>> a power shift today in japan rpep >> he is recovering this morning after a car went down a ravine in the county. it is a half mile west of panoramic highway. the car was 150 feeted across the road the driver was able to hoist him to safety. he went to the general hospital suffering hypothermia. the highway was closed between fort ross north of jenner. a series of storms hit the area. engineers have determined the work is going to take longer than expected. experts and political leaders from connecticut to try to answer the questions. can any measures be taken to prevent mass shootings in the future. it is a special edition of this week this morning at 8 right here on nbc 7. >>> egypt's islamists are claiming a majority vote on the country's proposed charter. it has a narrow majority in the first round on a referendum backed constitution. the brotherhood's account shows nearly 57 percent 26 million voters moir voting is set to take place in the country's remaining 25 million voters. the egyptian president hails from the group which accurately predicted past election results. japane
. >>> a power shift today in japan rpep >> he is recovering this morning after a car went down a ravine in the county. it is a half mile west of panoramic highway. the car was 150 feeted across the road the driver was able to hoist him to safety. he went to the general hospital suffering hypothermia. the highway was closed between fort ross north of jenner. a series of storms hit the area. engineers have determined the work is going to take longer than expected. experts and...
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75
Dec 5, 2012
12/12
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CSPAN
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eye 75
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., western europe, and japan. today there are 4 billion people participating in the economy. we have got the same antiquated tax system today that we had 20 years ago. we should be taking the opportunity there to look this thing and say, what does it take to be globally competitive today? yes, i was on the commission, and some might think i like that proposal a lot, which i did. it does not have to be exactly like that, but there are some principles that are a part. -- that are important in there. the whole idea of during individual corporate cap gains, do it all at the same time make sense. the territorial system for companies makes sense, with clauses so that nothing -- nothing screwy happens. then we relook at all these deductions, and we should be looking at do we want all these at a time when our economy needs more flexibility to respond to a very globally different place than we had 20 years ago. it is -- to pass up this -- i think it a shame to pass up this opportunity to actually fix and get the base rates off of a system that has just evolved to chaos. i was heartene
., western europe, and japan. today there are 4 billion people participating in the economy. we have got the same antiquated tax system today that we had 20 years ago. we should be taking the opportunity there to look this thing and say, what does it take to be globally competitive today? yes, i was on the commission, and some might think i like that proposal a lot, which i did. it does not have to be exactly like that, but there are some principles that are a part. -- that are important in...
111
111
Dec 16, 2012
12/12
by
KRCB
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eye 111
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once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn around. and lost five seats and the legislature. >> you can look for all the conspiracy's you want. the fact is that michigan was adjusting to exactly the reality that evan isalking about, globalization. i think was glory days for the unions 94 is, 1950's, 1960's, when the rest of the world was devastated by the second world war, we had a monopoly and, yes, great benefits to it the problem is that when you have global competition, you are uncompetitive. detroit went bankrupt but the southern transplants did not. here is the tragic choice. in the right to work states, wages are 10% lower. unploynt is also
once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn...
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197
Dec 21, 2012
12/12
by
CNBC
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eye 197
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china ma and japan. and i think you can start to nibble a little on china and japan, as well. >> michael, is there an argument to be made that you don't want to touch stocks right now until you have some clarity on this fiscal cliff? just in case we see a big sell-off? >> there is, but i'll argue, too, that you're talking about $600 billion being sucked out of the economy next year. the s&p made $20 trillion. while we are looking at the fiscal cliff countdown, there is another countdown to new all-year highs when the dow is close to the prior peak around 600% from here. investors should be looking overseas. you want to look where there is no fiscal cliff equivalent, primarily in emerging markets. but nonpartisan analysts have pointed out that if we go over the cliff and take that $600 billion with it, we go back to recession. how do you justify going into stocks and going into all-time highs if we go back to recession? >> that assumes all else being equal, the problem is you look at europe, it's recoveri
china ma and japan. and i think you can start to nibble a little on china and japan, as well. >> michael, is there an argument to be made that you don't want to touch stocks right now until you have some clarity on this fiscal cliff? just in case we see a big sell-off? >> there is, but i'll argue, too, that you're talking about $600 billion being sucked out of the economy next year. the s&p made $20 trillion. while we are looking at the fiscal cliff countdown, there is another...
136
136
Dec 20, 2012
12/12
by
MSNBCW
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eye 136
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tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-866-294-5409 t
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show...
203
203
Dec 19, 2012
12/12
by
CNBC
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eye 203
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the bank of japan is meeting on wednesday or thursday. the trick here for the american investors is to remember the currency. you have to experience it. it sounds like the federal reserve. so this idea. the cliff may be overrated. i'm curious to see what happens. you mentioned the debt ceiling in the show. if obama gets that, he is going to give a lot back. if obama gets that lifted now. so we don't have to have the fight. he is going to have to give up a lot. but i agree. if we can take that off the table, we don't have to fight that fight that is a positive. >> you stay low in the market. i'm under weight equities and overweight credit. i want to see what the deal looks like before i add. >> strike could slam businesses from maine to texas and all points in between. it could damage our economy. impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year l
the bank of japan is meeting on wednesday or thursday. the trick here for the american investors is to remember the currency. you have to experience it. it sounds like the federal reserve. so this idea. the cliff may be overrated. i'm curious to see what happens. you mentioned the debt ceiling in the show. if obama gets that, he is going to give a lot back. if obama gets that lifted now. so we don't have to have the fight. he is going to have to give up a lot. but i agree. if we can take that...
153
153
Dec 7, 2012
12/12
by
MSNBCW
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eye 153
favorite 0
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tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-866-294-5409 t
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show...
231
231
Dec 7, 2012
12/12
by
CNBC
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eye 231
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it could have followthrough in japan. europe has run kind of far -- the market has chosen to believe that europe's problems are somewhat behind us. i don't really share that philosophy. but i think this move is interesting. >> but the european financial risk fear indicators look great. in fact, these financial indicators look great worldwide. i agree with you trat central banks are greasing the wheels. but in a very gloomy world, a very gloomy psychology where the worst case becomes the most talked-about case, at some point don't the markets send an impressive message -- and again, they are kind of moving together and the direction is higher, jim iuorio. what does that tell you sfl? >> it tells me things are better than they were. the european crisis isn't done but it's certainly not at the same level it was two years ago. they took some major steps in fixing things. i'm saying they haven't fixed it yet. i always like to be a little bit cautious. but like i said, i would be interested in buying japan. i am mildly negative
it could have followthrough in japan. europe has run kind of far -- the market has chosen to believe that europe's problems are somewhat behind us. i don't really share that philosophy. but i think this move is interesting. >> but the european financial risk fear indicators look great. in fact, these financial indicators look great worldwide. i agree with you trat central banks are greasing the wheels. but in a very gloomy world, a very gloomy psychology where the worst case becomes the...
153
153
Dec 12, 2012
12/12
by
MSNBCW
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eye 153
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but japanese officials say tonight they believe the missile passed over okinawa, japan. north korea announced at the beginning of the month they intended to launch the missile, but there were reports as recently as this afternoon they had had to dismantle the rocket to make repairs to it. again, tonight it appears north korea has in fact fired the rocket. this is north korea's second rocket launch under its new leader, kim jun un. a similar rocket broke up less than two minutes in flight. officials claim this launch is intended to put a weather satellite into space. but many officials and many in the international community believe north korea may be testing its capability to one day launch a long-range nuclear warhead. this comes at a politically sensitive time. neighboring south carolina is set to hold its presidential election in a due phew days. south korea announced tonight it's calling an emergency meeting of the top security officials. again, it is unclear at this point whether this was a successful rocket launch. but north korea has apparently defied the internat
but japanese officials say tonight they believe the missile passed over okinawa, japan. north korea announced at the beginning of the month they intended to launch the missile, but there were reports as recently as this afternoon they had had to dismantle the rocket to make repairs to it. again, tonight it appears north korea has in fact fired the rocket. this is north korea's second rocket launch under its new leader, kim jun un. a similar rocket broke up less than two minutes in flight....
74
74
Dec 10, 2012
12/12
by
MSNBC
tv
eye 74
favorite 0
quote 0
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i e their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-866-294-5409 tdd
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i e their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me...
256
256
Dec 27, 2012
12/12
by
CNBC
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eye 256
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meanwhile, the bank of japan was issues. one option considered was an open-ended commitment to buy ass assets. customers brought the case against toyota, claiming certain models accelerated unintention equally. 16 million vehicles are covered by this action, including popular models like the camry and toyota. toyota shares were rallying on the news, up about 1.3% in trade today. >>> the season of good wills has seemed to pass tech firms by. sang sung is seeking the bail of exports of ericsson products. the action follows a suit and similar blames just keep going. >>> coming you, the latest u.s. consumer data is heading in for the day. we'll take a check off what the. >>> a u.s. federal jurl jury found marvell infringed on several patents bhi carnegie mellon. carnegie mellon sued marvell in 2009 of patents. the company hopes the judge will r peel the verdict. shares were down on marvell this morning as investors worry about the future of that case. >> raj rajaratnam has agreed to pay $1.5 million in a civil suit filed by the
meanwhile, the bank of japan was issues. one option considered was an open-ended commitment to buy ass assets. customers brought the case against toyota, claiming certain models accelerated unintention equally. 16 million vehicles are covered by this action, including popular models like the camry and toyota. toyota shares were rallying on the news, up about 1.3% in trade today. >>> the season of good wills has seemed to pass tech firms by. sang sung is seeking the bail of exports of...
93
93
Dec 20, 2012
12/12
by
FBC
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eye 93
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news that investment bank of ubs agrowed to pay a fine, and hit with criminal wire fraud charges in japan not affecting the stock, crude oil prices jumping sharply, a further dip in gasoline prices, maybe threatened now, crude oil up just above $89 a barrel in treasury margaret, government's 10 year dlining for the first time in three sessions, closing at 1.80%. >> ratings gage fitch warning that fiscal cliff poses the single biggest near-term threat to the global economy. really? joining us now alter lapre, good to have you withs. start with these negotiation that got personal, there seems to be -- what looked like a bright possibility yesterday looks like a dark prospect tod today. >> it does, i don't know where the president is going the way he is, the worse group to raise taxes are is on the high evelyn come earnings, they are job creators, you can't laugh jobs and -- love jobs and hate job creators, i am not sure why it is not clear as a bell, these are people, you are not going to get money from anyway, if you raise rates they will go around it. boehner is doing as good a job that i
news that investment bank of ubs agrowed to pay a fine, and hit with criminal wire fraud charges in japan not affecting the stock, crude oil prices jumping sharply, a further dip in gasoline prices, maybe threatened now, crude oil up just above $89 a barrel in treasury margaret, government's 10 year dlining for the first time in three sessions, closing at 1.80%. >> ratings gage fitch warning that fiscal cliff poses the single biggest near-term threat to the global economy. really? joining...
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177
Dec 17, 2012
12/12
by
WMPT
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eye 177
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voters in japan have chosen a new prime minister, shinzo abe. he led the liberal democratic party back to power on sunday, in a landslide victory. abe has pledged to ease monetary policy to pull japan out of its fourth recession since 2000. he also vowed to take a firm stance on territorial disputes with china. abe served as prime minister once before, but he quit in 2007, citing ill health. opponents of egyptian president mohammed morsi are sounding the call for nationwide protests again tomorrow against a constitution drafted by islamists. the opposition was bolstered after saturday's first round of voting on the document. only about a third of eligible voters turned out, as 57% approved the draft-- a much lower level of support than predicted. the second round of voting is saturday. those are some of the day's major stories. now, back to judy. >> woodruff: and we pick up now on some of the major questions being asked about guns, mental health and other issues in the aftermath of the shootings. we get four perspectives. dan gross is the presid
voters in japan have chosen a new prime minister, shinzo abe. he led the liberal democratic party back to power on sunday, in a landslide victory. abe has pledged to ease monetary policy to pull japan out of its fourth recession since 2000. he also vowed to take a firm stance on territorial disputes with china. abe served as prime minister once before, but he quit in 2007, citing ill health. opponents of egyptian president mohammed morsi are sounding the call for nationwide protests again...
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165
Dec 17, 2012
12/12
by
FBC
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eye 165
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so here's my take on japan. debt and demographics, huge problems, first, just look at the sheer size of japan's accumulated debt. it is twice the size of its entire economy. it is the most indebted developed country in the world. much worse than even greece. then look at demographics, a little known program that haunts japan, they are having ever fewer babies. they don't want mass immigration to top a falling population and they are living a whole lot longer. so they have a lot of seniors and a tiny up and coming generation. japan has the most extreme demographics in recorded human history. what are they doing b a it? -- about it? not much you can do to persuade liberated japanese women to have more children with very traditional japanese men. that's a huge problem. demographics, like a super tanker, it takes a long time to turn it around. but japan has just elected a new government which promises to get the country out of its 20 year malaise. how is it going to do that? the new prime minister wants to print a t
so here's my take on japan. debt and demographics, huge problems, first, just look at the sheer size of japan's accumulated debt. it is twice the size of its entire economy. it is the most indebted developed country in the world. much worse than even greece. then look at demographics, a little known program that haunts japan, they are having ever fewer babies. they don't want mass immigration to top a falling population and they are living a whole lot longer. so they have a lot of seniors and a...
114
114
Dec 21, 2012
12/12
by
CNBC
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eye 114
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and japan has been a risk. >> japan certainly, we continue it see a lot of problems economically in japan. though we are heartened by announcements that have come out politically that would affect the monetary policy. we expect mormon tarry policy going forward. we think broadly of markets like china and brazil. these are markets that started to increase monetary easing. that have started to restructure their economies and certainly we think china has avoided very nicely a hard landing and will be back for growth track next year. >> talk to me about getting yield. that what everybody want right now. how are you doing it? high yield or investment grade securities or where? >> we are underweighted and they don't provide much of a yield these days. they are on high yield and we've had a barn burner of the year with high yield. we still think you can get high digit returns in 2013. and we are looking at global infrastructure in real estate as providing a nice sustainable yield for investors. >> the big debate down here for the past couple of days after the fed made its announcement is whether
and japan has been a risk. >> japan certainly, we continue it see a lot of problems economically in japan. though we are heartened by announcements that have come out politically that would affect the monetary policy. we expect mormon tarry policy going forward. we think broadly of markets like china and brazil. these are markets that started to increase monetary easing. that have started to restructure their economies and certainly we think china has avoided very nicely a hard landing...
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Dec 28, 2012
12/12
by
CNBC
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eye 207
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. >>> and japan's finance minister is saying other companies have no right to lecture japan on its currency policy instead calling for the u.s. to seek a strong dollar. >>> okay. welcome back to "worldwide exchange" this morning. let's take a quick check on trade as we close out the last full trading week of the year. not even a full week, but just one of the last trading weeks of the year. >> monday seems so far away. >> it's just kind of sticking out there, the 24th and 31st. european markets were closed for boxing day week. got back into trade yesterday. sort of a mixed bag across the board. u.s. markets were weaker and this morning europe is following the u.s. down that path. the ftse just a little bit lower. the xetra dax down by .1%. the cac 40 which was one of the strong performers yesterday giving up some of its gains. the ibex 35 underperforming. >> the penny stock not worth a whole lot so you have to take that into consideration. but yeah, drifting lower on the bond markets. today we have this italian debt auction which would be interesting. we've got rome offering somewhere in 2
. >>> and japan's finance minister is saying other companies have no right to lecture japan on its currency policy instead calling for the u.s. to seek a strong dollar. >>> okay. welcome back to "worldwide exchange" this morning. let's take a quick check on trade as we close out the last full trading week of the year. not even a full week, but just one of the last trading weeks of the year. >> monday seems so far away. >> it's just kind of sticking out...
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Dec 7, 2012
12/12
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WBAL
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people living along the northeastern coast of japan are breathing ill easier. the earthquake struck offshore very close to the same place as last year's devastating earthquake. there have been no reports of serious damage but two people were reportedly occurrhurt. the last time there were this many patients visiting for the 2004.s in the center is expected to provide more details about the spread of the virus later today. a parade commemorating the anniversary of the bombing of pearl harbor. japanese bombers launched a surprise attack on the u.s. naval fleets. local survivors will commemorate the anniversary in new york. there will be a similar ceremony at the inner harbor in baltimore on the last surviving vessel afloat to witness the attack. >> fixed rate mortgages are on a bit of an uptick but they are still attracted to home buyers. the average rate rose to 3.34%. the 15-year rate also rose. it is helping to fuel a modest housing recovery. 58% of people plan to spend less on gifts than they did last year. people are finding the best deals on line. 64% are r
people living along the northeastern coast of japan are breathing ill easier. the earthquake struck offshore very close to the same place as last year's devastating earthquake. there have been no reports of serious damage but two people were reportedly occurrhurt. the last time there were this many patients visiting for the 2004.s in the center is expected to provide more details about the spread of the virus later today. a parade commemorating the anniversary of the bombing of pearl harbor....
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Dec 3, 2012
12/12
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CNBC
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tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-877-561-5445 t
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show...
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Dec 1, 2012
12/12
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CNBC
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i've seen some great research reports saying first of all japan looks cheap. they're reinflating. they're probably going to succeed. some people are saying that china is also reinflating and they had a soft landing. then what about europe? i've seen some people touting europe. if you look at the financial fear indicators in europe, that crisis is basically over. >> well, yes, it is. i don't know if you can capture in the frame on the camera. what i'm doing here, i'm patting myself on the back. who is it who's been telling your viewers for two years every time there's one of these trumped-up crises in europe to buy it. now there's been a solution. europe has been stabilized. it's actually the brightest place for investors on the planet. i'm sorry you missed the bottom but it's not too late. you look at after hearing that segment on the u.s. government making the decision to debase paper coins by turning them into -- paper money by turning them into junk disposable paper coins? well what would you rather own? the ten-year american bond, treasury bond yielding what, 1.6%? or would yo
i've seen some great research reports saying first of all japan looks cheap. they're reinflating. they're probably going to succeed. some people are saying that china is also reinflating and they had a soft landing. then what about europe? i've seen some people touting europe. if you look at the financial fear indicators in europe, that crisis is basically over. >> well, yes, it is. i don't know if you can capture in the frame on the camera. what i'm doing here, i'm patting myself on the...
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Dec 13, 2012
12/12
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. >> i'll be watching the bank of japan overnight. they are set to be releasing their fourth quarter survey. we are expecting business conditions to show continued detear owe ration. i'm going to be looking at cpi and pmi readings out of the euro zone. roughly in line with previous readings. going to be very findful of potential upside surprising there. going to be looking at technical levels with dollar yen trading just below those 2012 highs around 84.20 and looking at a potential inverted head and shoulders. >> all right, good stuff. right on top. jeremy, you are up. last but not least. tell me what you're watching tomorrow. >> okay, we're watching out for the cpi report. we're expecting to see inflation pressures continue to ease. that's important, because it's going to keep the fed on the sidelines and supporting the economy with policy for a long time to come. the industry from duction reports also important, last month was weighed down by the affects of hurricane sandy, so, we'll be looking to see how large the rebound is this
. >> i'll be watching the bank of japan overnight. they are set to be releasing their fourth quarter survey. we are expecting business conditions to show continued detear owe ration. i'm going to be looking at cpi and pmi readings out of the euro zone. roughly in line with previous readings. going to be very findful of potential upside surprising there. going to be looking at technical levels with dollar yen trading just below those 2012 highs around 84.20 and looking at a potential...
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Dec 19, 2012
12/12
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FBC
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japan is an interesting place. liz: i don't know if you've seen it, but looks very good, not a bad move. the gdp has not had any growth over the past 20 years, basically flat but when you look at the new leadership, just brand-new elected prime minister, tappin type in the puc sector work and doing infrastructure. >> it gets into the economy and you will not have significant growth. think about it from the 1990s perspective, u.s., two and a half, 3% growth is pretty good growth. you have to look at it and balance is based on those perceptions, and japan will do pretty good the next couple of years. liz: when you start to look at exactly what he said, looking for the next opportunity, and with the young weaker against the dollar, you're seeing a possibility they could upgrade exports. >> i definitely agree. liz: you go to electronics or insurance companies? >> it is a little bit hard because there is still a balance sheet issues. electronics and technologies are still the place to be. liz: any chance we look at a fi
japan is an interesting place. liz: i don't know if you've seen it, but looks very good, not a bad move. the gdp has not had any growth over the past 20 years, basically flat but when you look at the new leadership, just brand-new elected prime minister, tappin type in the puc sector work and doing infrastructure. >> it gets into the economy and you will not have significant growth. think about it from the 1990s perspective, u.s., two and a half, 3% growth is pretty good growth. you have...
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Dec 28, 2012
12/12
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FBC
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. >> a look overseas at japan, last trading day of the year, shares closing, get this, at the highest level since last year's tsunami for the year gaining 23%, the biggest percentage rise since 2005. ending on a nice positive note over there. david: wish it was good here. congressional leaders meeting with the president, what's hanging on the edge of the cliff is higher taxes on dividends. coming up, the chairman and ceo of southern company owning a bunch of power companies in the south tells us why the tax hike would be a huge blow to his industry, a blow everybody will feel as usual. it's passed on to you, the consumer. >> financials a big winner up this year we have an analyst who expects the gravy train to roll on next year. find out the banks he likes for 2013. david: a lot to cover, but first, what drove the markets with the data download. ending the week down more than 1.5%. lack of progress, of course, in the miscall cliff negotiations, and all ten s&p sectors in the negative tear -- territory the second week in a row. oil slipped into the red today, but finished the holiday s
. >> a look overseas at japan, last trading day of the year, shares closing, get this, at the highest level since last year's tsunami for the year gaining 23%, the biggest percentage rise since 2005. ending on a nice positive note over there. david: wish it was good here. congressional leaders meeting with the president, what's hanging on the edge of the cliff is higher taxes on dividends. coming up, the chairman and ceo of southern company owning a bunch of power companies in the south...
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Dec 14, 2012
12/12
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the thing is, it's always largely held in japan, 95%, 96% held in japan mostly by banks. and it's a safe gapeble. they're not going to do anything with it. they will keep buying government bonds as instructed to. >> richard martin with iaa asia. do you want that last word, richard? >> yeah. it's a gamble worth taking and he'll do it. >> thank you so much for your time. coming up this weekend in a transformative moment for japan. speaking of transformative moments, did we get any at the brussels summit this week or is the north and south divide still rearing its head? silvia wadhwa is back with us. silvia, you looked as though you were ringing your hands earlier. what are you seeing in terms of these meetings? >> the homework was done in terms of the urgent work. that was basically the finance minister's work. now we're talking about fiscal compact, more harmonization, more europe on the road to integration and then we have pretty much the old dividing lines. as you just said, we have the north that supposedly has to write the paychecks right now and the south that maybe i
the thing is, it's always largely held in japan, 95%, 96% held in japan mostly by banks. and it's a safe gapeble. they're not going to do anything with it. they will keep buying government bonds as instructed to. >> richard martin with iaa asia. do you want that last word, richard? >> yeah. it's a gamble worth taking and he'll do it. >> thank you so much for your time. coming up this weekend in a transformative moment for japan. speaking of transformative moments, did we get...
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Dec 17, 2012
12/12
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CNBC
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-japan interest rates. going forward, i think the japanese policy initiative will push down the yen farther. and we expect the yen to rise to 86 in three months and eventually into 90, about 90 in one year time. >> brad, that yen weakness is, because as we heard there, is because of the aggressive bank of japan's monetary policy. now, the question is whether abe -- and he had this strong majority n lower house, whether he will use that to vote down overall the upper house if they want to change the mandates or anything else for the bank of japan. is he going to do that or not? >> i think abe needs to be very careful. the election was more an attempt to punish the dpj rather than a ringing endorsement of the ldp. abe is not particularly popular and i think he's aware of this. i think initially he would be very careful in trying to do this. >> so what will -- are you saying expectations, he will lean on the bank of japan early are wrong? >> possibly, yes. >> why wouldn't he act? would he wait until we have up
-japan interest rates. going forward, i think the japanese policy initiative will push down the yen farther. and we expect the yen to rise to 86 in three months and eventually into 90, about 90 in one year time. >> brad, that yen weakness is, because as we heard there, is because of the aggressive bank of japan's monetary policy. now, the question is whether abe -- and he had this strong majority n lower house, whether he will use that to vote down overall the upper house if they want to...
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Dec 30, 2012
12/12
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FOXNEWSW
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global powers like china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that. that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there
global powers like china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints...
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Dec 10, 2012
12/12
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MSNBCW
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. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil. potato with bacon. we've got a lotta empty cans. [ male announcer ] hear from our chefs on facebook this friday! zeerchlgt as one hand giveth, another taketh away. egyptian president mohammed morsi backed off a decree giving him authority. he order aid new order giving military power to arrest sls while a new constitution is finalized and voted on this saturday. former presid
. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as...
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Dec 11, 2012
12/12
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MSNBCW
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behind kids from places like singapore, finland, japan, and south korea just to name a few. the study follows the much talked about "new york times" column by nicholas chrisoff who visited the appalachian hills of kentucky and found run disturbing reasons why some of america's poorest children are illiterate. nick joins me now live from the "times" to explain. so you go to jackson, kentucky, and people are running literacy programs there but tlrl parents who don't want their kids to learn to read. it just defies all logic and all tradition here in the united states of wanting our kids to have a better life. what's going on? >> well, it's heartbreaking because there is, in effect, an incentive for parents to try to gain the system and have their kids be diagnosed with an intellectual disability because then they can get payments each month until that child turns 18 under the ssi system. and so, you know, there's no doubt that ssi support is a lifeline to many parents with kids who truly are disabled. but also, according to people there, there's no doubt that there are a lot o
behind kids from places like singapore, finland, japan, and south korea just to name a few. the study follows the much talked about "new york times" column by nicholas chrisoff who visited the appalachian hills of kentucky and found run disturbing reasons why some of america's poorest children are illiterate. nick joins me now live from the "times" to explain. so you go to jackson, kentucky, and people are running literacy programs there but tlrl parents who don't want their...
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Dec 3, 2012
12/12
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CNBC
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the bank of japan's kept rates very low for many, many years. it's cared out qe and as a result has engineered low long term rates for many years, as well. what more can we expect from them? >> that's exactly what the boj is struggling to answer. i think it's pumping so much money for such a long time that there is really not much they can do unless the time bought by the ultra easy policy is spent by the government to pursue structural reforms. but there has been very slow progress on this front. so the boj could continue to buy more assets, but the question is will it fill it ter through to broader sectors. that's why the boj is creating new tools to try to encourage banks to put in more to companies. but so far, i don't think there has been much progress from that end. >> what's going to happen after the election? >> the markets have priced in bolder central bank easing already, but after the election, we'll probably have a new government with a prime minister that wants more aggressive easing. but i don't think dramatic boj policy loosening
the bank of japan's kept rates very low for many, many years. it's cared out qe and as a result has engineered low long term rates for many years, as well. what more can we expect from them? >> that's exactly what the boj is struggling to answer. i think it's pumping so much money for such a long time that there is really not much they can do unless the time bought by the ultra easy policy is spent by the government to pursue structural reforms. but there has been very slow progress on...
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look at japan. look at the rest of the world. we are way, way out there. we have the highest murder rate in the world. it hasn't protected us. it has resulted in arguments that should have a consequence of maybe a slap in the face, resulting in a bullet through the heart. it results in a double-murder in this case, a murder/suicide. guns don't protect. they cause suicide. >> let me bring in -- >> they cause suicide? >> i can promise, i'll get back to you, carol. here is what they say to me. i've had it all. but trying to get a debate going. i've been on two years on cnn. in that time, there's been a series of gun rages. each time it is the same debate and nothing gets done about it. 300 million guns and you have between 11,000 and 12,000 guns and murders a year. by comparison, britain has 35 as does germany and australia. japan has one or two. to countries that have strict gun control have very little gun murder. what do you say to americans who say it makes me feel safe? >> i think carole had it right. she said it is about personal responsibility. that is
look at japan. look at the rest of the world. we are way, way out there. we have the highest murder rate in the world. it hasn't protected us. it has resulted in arguments that should have a consequence of maybe a slap in the face, resulting in a bullet through the heart. it results in a double-murder in this case, a murder/suicide. guns don't protect. they cause suicide. >> let me bring in -- >> they cause suicide? >> i can promise, i'll get back to you, carol. here is what...
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Dec 19, 2012
12/12
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ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year highs, the cac and dax at 52-week highs. this is more related to the expected aggressive monetary easing by the boj, but even the u.s. markets, the s&p 500 at a two-month high. >> i'm curious, we never really know how the fiscal cliff conversation plays out overseas. is it something that moves the needle in the markets in europe and asia? >> absolutely it does. given that, you know, in terms of european risk, everything pretty much done and dusted. we don't have much more european event risk until the end of the year, this is what we're focusing on. every morning when we get to work, we are watching the overnight comments from mr. obama and mr. boehner. that's why european markets have been trading higher the last two trading days because there is optimism that we will see a deal before t
ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year highs, the cac and dax at 52-week highs. this is more related to the expected aggressive monetary easing by the boj, but even the u.s. markets, the s&p 500 at a two-month high....
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Dec 7, 2012
12/12
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CNBC
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now, a quick update on the situation in japan. according to the nhk news agency, tsunami warning for northeast japan has now been lifted. hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6 to a mere 0.4%. it's warned of an imminent recession as problems in europe periphery weigh. futures at the moment forecasts a soft start. down 15 at the moment on the dow, nasdaq currently called down 3.8, and s&p 500 around 1.5 points. european stocks are flat really. forgave points for the ftse, xetra dax is up though at it highest level since 2008. up nearly 28% this year. flat on the cac, ibex down two thirds.
now, a quick update on the situation in japan. according to the nhk news agency, tsunami warning for northeast japan has now been lifted. hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami...
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Dec 19, 2012
12/12
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KQED
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do you think that we are at risk of getting stuck in the slow growth quagmire that japan got stuck in, the united states economy? >> well, i would say we are in a mild version of it now, and, you know, we need to do improvements and reforms. i don't think spending money is the solution. there are smart ways to spend it for sure, but i don't buy this idea that bigger keynesian stimulus will solve our problems, these fundamental problems with demographics, with slowing innovation, and other things we are experiencing. i think we need more fundamental reform and my colleagues like paul krugman will say, you know, i hear that all the time but i really want to see -- i want to see stimulus now, and i think we have been doing this for a long time, we are doing it at seven percent of gdp at the moment, and i think it is sensible to try to slowly rein it in. >> rose: so what should be the percentage of spending to gdp? >> okay. well, clearly it depends, are you paying for education? are you paying for healthcare? you can't compare the united states and europe because we privately buy a lot of
do you think that we are at risk of getting stuck in the slow growth quagmire that japan got stuck in, the united states economy? >> well, i would say we are in a mild version of it now, and, you know, we need to do improvements and reforms. i don't think spending money is the solution. there are smart ways to spend it for sure, but i don't buy this idea that bigger keynesian stimulus will solve our problems, these fundamental problems with demographics, with slowing innovation, and other...
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Dec 20, 2012
12/12
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KQED
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the japan e.t.f. had the strongest gains, up 1.6%. and that's tonight's "market focus." >> tom: while the economy approaches the fiscal cliff, some americans say the threat of higher taxes has them cutting back on spending. a third of those surveyed by bankrate.com have reduced their spending thanks to the fiscal cliff show-down in washington. those cutting back are more likely to consider themselves republicans or independent voters according to the survey. and while the tax debate is over high income earners, it's those earning less than $30,000 a year who are more likely to reduce their spending. we recently spoke with two behavioral finance professors about the impact the uncertainty can have for consumers and investors. they are professors at the university of miami. gentlemen, thanks for joining us. how do the fiscal cliff, the threat of the fiscal cliff, how could it be impacting consumer behavior? >> right now it could generate a lot of uncertainty in the minds of consumers. different demographics might react very differently.
the japan e.t.f. had the strongest gains, up 1.6%. and that's tonight's "market focus." >> tom: while the economy approaches the fiscal cliff, some americans say the threat of higher taxes has them cutting back on spending. a third of those surveyed by bankrate.com have reduced their spending thanks to the fiscal cliff show-down in washington. those cutting back are more likely to consider themselves republicans or independent voters according to the survey. and while the tax...